Auction of Fox's regional sports networks draws interest from Amazon and maybe LeBron James
by Meg James, Los Angeles Times
Nov 09, 2018
4 minutes
The biggest sports media auction in decades - the sale of Fox Sports' 22 regional networks - is drawing interest from traditional TV broadcasters, internet behemoth Amazon.com, and private equity firms, including one that wants to bring Lakers superstar LeBron James into play.
And, in a twist, the company that built the networks - Rupert Murdoch's Fox - also is in the hunt.
"It would be kind of hilarious if Fox bought them back," said Doug Creutz, media analyst with Cowen & Co. "It will be interesting to see who wins."
More than 40 firms, including Fox, have expressed preliminary interest in the regional sports networks, including Prime Ticket and Fox Sports West in Los Angeles and the YES
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